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Average Financial Aid Counselor Salary

$38,113
Avg. SalaryShow Hourly Rate
$500
Bonus
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The average salary for a Financial Aid Counselor is $38,113.
10%
$30k
MEDIAN
$38k
90%
$50k
Is Financial Aid Counselor your job title? Find out what you should be paid
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Salary
$30k - $50k
Bonus
$0 - $2k
Total Pay
$30k - $50k
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What Do Financial Aid Counselors Do?

Financial Aid Counselor Tasks
  • Counsel students and parents about self-help financial aid programs, eligibility requirements, and application processes.
  • Plan and perform financial aid workshops to staff and students.
  • Assist in the review of students' financial aid applications.
  • Coordinate and administer financial aid appeals.
  • Package, award, and disburse funds to students.

Job Satisfaction for Financial Aid Counselor

3.7 out of 5
(85)
Highly Satisfied
7Reviews

Career Paths

Explore the most common career paths for Financial Aid Counselor. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Financial Aid Counselor
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Financial Aid Counselor Job Listings

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What Are Popular Skills for Financial Aid Counselors?

Skills in Customer Service, Counseling, Data Processing and Regulatory Compliance are correlated to pay that is above average. Skills that pay less than market rate include Federal Grants.

What is the Pay by Experience Level for Financial Aid Counselors?

An entry-level Financial Aid Counselor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $35,545 based on 25 salaries. An early career Financial Aid Counselor with 1-4 years of experience earns an average total compensation of $36,783 based on 172 salaries. A mid-career Financial Aid Counselor with 5-9 years of experience earns an average total compensation of $38,912 based on 101 salaries. An experienced Financial Aid Counselor with 10-19 years of experience earns an average total compensation of $44,435 based on 51 salaries. In their late career (20 years and higher), employees earn an average total compensation of $41,995.
Employees with Financial Aid Counselor in their job title in Indianapolis, Indiana earn an average of 29.1% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (26.0% more) and New York, New York (20.6% more). The lowest salaries can be found in Miami, Florida (1.5% less).

Years of Experience

This data is based on 373 survey responses.
Entry Level
6.7%
Early Career
46.1%
Mid Career
27.1%
Experienced
13.7%
Late Career
6.4%

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